New Challenges for New RBI Governor
1 week, 5 days ago

New Challenges for New RBI Governor

Deccan Chronicle  

The new year 2025 is going to see a new and very different MPC composition with three newly appointed external MPC members in October 2024, being now joined by the new governor and possibly a new deputy governor in January 2025 with deputy governor Michael Patra's tenure getting over. Entrenched state of India's stagflation, tricky timings and small window of conventional rate cuts as global dynamics turn more fluid, mounting forex pressures and increasing cost of forex intervention, none of these were challenging in the same period last year.” “As of now, we do not rule out a cut in Feb'25 at present, but would be more comfortable taking a firm call closer to the policy window. We also keep a watch on unconventional easing measures, specifically, the gradual easing of regulatory lending norms ahead in order to re-spur waning credit offtake,” added Arora. Interestingly, the new governor and MPC will also have very different policy challenges and macro and global landscape entering CY25 vs what the outgoing governor Shaktikanta Das led regime faced at the beginning of CY24.Says Madhavi Arora, lead economist at Emkay “The policy trade-offs are getting acute. Entrenched state of India's stagflation, tricky timings and small window of conventional rate cuts as global dynamics turn more fluid, mounting forex pressures and increasing cost of forex intervention, none of these were challenging in the same period last year.”“As of now, we do not rule out a cut in Feb'25 at present, but would be more comfortable taking a firm call closer to the policy window.

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India’s new central bank governor takes over as economic growth slows and inflation rises
1 week, 5 days ago

India’s new central bank governor takes over as economic growth slows and inflation rises

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sanjay Malhotra, a career civil …

Sanjay Malhotra takes charge as India’s central bank chief amid rate cut speculation
Top News
1 week, 5 days ago

Sanjay Malhotra takes charge as India’s central bank chief amid rate cut speculation

Firstpost  

Sanjay Malhotra took charge as the 26th Governor of Reserve Bank of India. He assumes the crucial post at a very critical juncture, where growth and inflation balance has ‘unsettled’ as per his predecessor Shaktikanta Das Sanjay Malhotra takes charge as the 26th Governor of Reserve Bank of India. Sanjay Malhotra took charge as the 26th Governor of the Reserve …

Sanjay Malhotra takes charge as RBI Governor
Trending News
1 week, 5 days ago

Sanjay Malhotra takes charge as RBI Governor

Deccan Chronicle  

Sanjay Malhotra on Wednesday took charge as the 26th Governor of the Reserve Bank of India. Malhotra, a career bureaucrat, arrived at the central bank's headquarter this morning, where he was welcomed by senior RBI staffers.The central bank confirmed Malhotra's appointment through a post on the microblogging site "X" and also shared a few pictures.Malhotra, who recently served as the …

RBI's New Era: Sanjay Malhotra Assumes Office As New Governor
Trending News
1 week, 5 days ago

RBI's New Era: Sanjay Malhotra Assumes Office As New Governor

ABP News  

Sanjay Malhotra took office as the 26th Governor of the Reserve Bank of India on Wednesday. Malhotra has stepped into the role at a time when India's economy faces slowing growth and persistent inflation, with differing views emerging between the central government and the RBI on the necessity of lowering interest rates. Bond yields dropped, and the rupee weakened after …

India’s new central bank governor takes over as economic growth slows and inflation rises
1 week, 5 days ago

India’s new central bank governor takes over as economic growth slows and inflation rises

Associated Press  

NEW DELHI — India got a new central bank governor on Wednesday as the country’s economic growth slows and inflation surges. Sanjay Malhotra, a career civil servant, was appointed to a three-year term as head of the Reserve Bank of India, succeeding Shaktikanta Das, who retired as central bank governor after an extended six-year term. In a brief statement Wednesday, …

To-do list for RBI’s new boss
1 week, 5 days ago

To-do list for RBI’s new boss

Times of India  

It is as the world is weighing what Trumponomics will mean this time around, that Sanjay Malhotra becomes the 26th man to helm India’s central bank. A further context is how RBI’s role is evolving to meet its target to become the model central bank across the Global South. The new governor also takes charge as monetary policy across the …

Sanjay Malhotra to assume office as 26th RBI Governor amid inflation concerns today
Top News
1 week, 5 days ago

Sanjay Malhotra to assume office as 26th RBI Governor amid inflation concerns today

India TV News  

Sanjay Malhotra, a veteran of the Indian Administrative Service officer who served in Rajasthan cadre in the 1990s, is set to assume charge as the 26th Governor of the Reserve Bank of India on Wednesday. Direct transition from north section Malhotra will be the first RBI Governor after Duvvuri Subbarao who moved directly from the North Block, the seat of …

FirstUp: Sanjay Malhotra to take charge as RBI's new governor and other tops news today
1 week, 5 days ago

FirstUp: Sanjay Malhotra to take charge as RBI's new governor and other tops news today

Firstpost  

Sanjay Malhotra, RBI’s new Governor, will officially take charge today. Saudi Arabia will be confirmed by FIFA as the 2023 World Cup host The Reserve Bank of India will welcome its 26th governor on Wednesday, as Sanjay Malhotra officially takes charge. PTI It’s a crucial Wednesday today as Sanjay Malhotra, RBI’s new Governor, will officially take charge. New RBI leader …

What challenges await Sanjay Malhotra as he takes charge as RBI Governor?
1 week, 5 days ago

What challenges await Sanjay Malhotra as he takes charge as RBI Governor?

India Today  

Sanjay Malhotra took charge as the 26th RBI Reserve Bank of India, beginning his three-year tenure on Wednesday, as he steps into a crucial role with several pressing challenges ahead. "The new RBI governor, Sanjay Malhotra, has several challenges ahead in his tenure, particularly those related to inflation and India’s economic growth," said VLA Ambala, Co-Founder of Stock Market Today. …

Shaktikanta Das lists out tasks for new RBI Governor
Trending News
1 week, 6 days ago

Shaktikanta Das lists out tasks for new RBI Governor

Deccan Chronicle  

Mumbai: The outgoing Reserve Bank of India governor Shaktikanta Das on Tuesday said that “restoring inflation-growth balance” is the most important task ahead of the central bank. “So far as the Reserve Bank is concerned, I think restoring the inflation growth balance is the most important task ahead of the Reserve Bank, and I am sure the team RBI, under …

New RBI guv must keep macro picture in sight
1 week, 6 days ago

New RBI guv must keep macro picture in sight

Hindustan Times  

The Reserve Bank of India is one of India’s most illustrious institutions. In 2016, the Centre added another mandate to RBI’s responsibilities, controlling inflation in the economy. India's Press Information Bureau/Handout via REUTERS The change of guard in Mint Street, with Sanjay Malhotra replacing incumbent Shaktikanta Das, comes at a point where the central bank has been steadfastly holding interest …

RBI governor Shaktikanta Das, who kept a hawk’s eye on inflation, ends innings
Top News
1 week, 6 days ago

RBI governor Shaktikanta Das, who kept a hawk’s eye on inflation, ends innings

Hindustan Times  

NEW DELHI: Achieving the right balance between inflation and growth, a key tradeoff for all economies, is “the most important task for the Reserve Bank of India ”, Shaktikanta Das, the outgoing governor of India’s central bank, said on Tuesday. The government on Dec 9 appointed revenue secretary Sanjay Malhotra as the new central bank governor, surprising markets, which expected …

India’s Departing Central Bank Governor Leaves a Lasting Legacy
1 week, 6 days ago

India’s Departing Central Bank Governor Leaves a Lasting Legacy

Live Mint  

-- As Shaktikanta Das finishes up his tenure as India’s central bank governor, handing over the reins to a career bureaucrat, many have praised his performance as a relative outsider who leaned on diplomacy to propel the world’s fastest-growing major economy to new heights. Though many expected the government to extend Das’s tenure — and tied the final choice of …

Will work to understand all perspectives, do what's best for economy: RBI Governor-designate Sanjay Malhotra
1 week, 6 days ago

Will work to understand all perspectives, do what's best for economy: RBI Governor-designate Sanjay Malhotra

The Hindu  

Revenue Secretary Sanjay Malhotra on Tuesday said he will work to understand all perspectives and do what is best for the economy after he takes charge as the RBI Governor on December 11. Responding to reporters' queries outside the Finance Ministry, Mr. Malhotra said, "One has to understand the turf, all perspectives and do what's best for the economy." Mr. …

3 big challenges Sanjay Malhotra will face as RBI governor
1 week, 6 days ago

3 big challenges Sanjay Malhotra will face as RBI governor

Firstpost  

Revenue Secretary Sanjay Malhotra is all set to succeed Shaktikanta Das as the Reserve Bank of India governor. As Malhotra begins his three-year tenure begins tomorrow, a look at three big challenges that he will face as India’s central bank head Sanjay Malhotra will assume charge as the 26th governor of the Reserve Bank of India. Challenges before Sanjay Malhotra …

Fiscal-monetary coordination at its best in last six years: RBI Governor Shaktikanta Das
1 week, 6 days ago

Fiscal-monetary coordination at its best in last six years: RBI Governor Shaktikanta Das

Live Mint  

Mumbai, Dec 10 Reserve Bank Governor Shaktikanta Das on Tuesday said the fiscal-monetary coordination was at its best during the last six years even as he thanked Prime Minister Narendra Modi for giving the opportunity to head the monetary authority of the country. Das, in a series of posts on X, on his last day of his six-year term as …

RBI Governor Shaktikanta Das bids adieu on X, talks of ‘unprecedented global shocks’
1 week, 6 days ago

RBI Governor Shaktikanta Das bids adieu on X, talks of ‘unprecedented global shocks’

Live Mint  

Reserve Bank of India Governor Shaktikanta Das is stepping down today, December 10. ‘Benefitted from PM Modi's Thoughts and Ideas’ Thanking the prime minister, Das added, “Immensely grateful to the Hon’ble PM Narendra Modi for giving me this opportunity to serve the country as Governor RBI and for his guidance and encouragement. Benefited a lot from his ideas and thoughts.” …

Five of MPC's six members may soon be new
1 week, 6 days ago

Five of MPC's six members may soon be new

Live Mint  

How should the appointment of the new governor of Reserve Bank of India at this critical point for the economy be read? Unless deputy governor Michael Patra, whose term ends next month, is given an extension, the six-member monetary policy committee is all set to have five new members. In his long years, Patra–he was executive assistant to governor Bimal …

Immensely grateful: Shaktikanta Das thanks PM Modi on last day as RBI Governor
1 week, 6 days ago

Immensely grateful: Shaktikanta Das thanks PM Modi on last day as RBI Governor

India Today  

Shaktikanta Das, the outgoing Governor of the Reserve Bank of India, expressed gratitude to Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman, and the central bank team on his last day in office. Das also highlighted his working relationship with Sitharaman, and said, “The fiscal-monetary coordination was at its best and helped us deal with the multiple challenges during the …

How is the RBI Governor selected? Know the process
1 week, 6 days ago

How is the RBI Governor selected? Know the process

India Today  

In India, the Reserve Bank of India holds the responsibility for the smooth operation of all financial activities, whether it is related to bank management, the control of other financial institutions, the repo rate, or the reserve ratio. RBI GOVERNOR APPOINTMENT PROCESS The appointment of the RBI Governor follows a set process defined under the Reserve Bank of India Act, …

Who is Sanjay Malhotra? 5 things to know about the new RBI Governor
1 week, 6 days ago

Who is Sanjay Malhotra? 5 things to know about the new RBI Governor

India Today  

The Reserve Bank of India will welcome its 26th Governor on December 11, as Sanjay Malhotra officially takes charge. Shaktikanta Das, known for steering the RBI through critical phases, leaves the post after maintaining steady interest rates for nearly two years amid inflation concerns. FIVE KEY FACTS ABOUT THE NEW RBI CHIEF, SANJAY MALHOTRA Sanjay Malhotra is a 1990-batch Indian …

Sanjay Malhotra's focus as RBI Governor: 3 key areas to watch out for
1 week, 6 days ago

Sanjay Malhotra's focus as RBI Governor: 3 key areas to watch out for

India Today  

Sanjay Malhotra, the new Reserve Bank of India Governor, assumes charge at a time when economic challenges demand fresh perspectives. Analysts at Nomura anticipate a rate cut at the February Monetary Policy Committee meeting, possibly by 25 basis points, with further cuts totalling 100 basis points by the end of 2025. Macroprudential policies: Encouraging bank credit growth Malhotra’s background in …

One RBI Governor to another: What Shaktikanta Das had to say on Sanjay Malhotra
Top News
1 week, 6 days ago

One RBI Governor to another: What Shaktikanta Das had to say on Sanjay Malhotra

India Today  

Outgoing Reserve Bank of India Governor Shaktikanta Das shared his thoughts on his successor, Sanjay Malhotra, during a press conference held on his final day in office. Shaktikanta Das spoke highly of Sanjay Malhotra, who is set to take over as the new RBI Governor for a three-year term, effective Wednesday, December 11. COORDINATION WITH THE FINANCE MINISTRY Shaktikanta Das …

Sanjay Malhotra appointed India’s 26th RBI Governor. Who is he?
2 weeks ago

Sanjay Malhotra appointed India’s 26th RBI Governor. Who is he?

Firstpost  

The Centre has appointed Revenue Secretary Sanjay Malhotra as the 26th Reserve Bank of India governor. He has a Bachelor’s degree in computer science from IIT Kanpur and a Master’s degree in public policy from the prestigious Princeton University The government has appointed Sanjay Malhotra as the new RBI Governor. Appointments Committee of the Cabinet has appointed Revenue Secretary Sanjay …

Who is Sanjay Malhotra? All you need to know about new RBI governor succeeding Shaktikanta Das
Top News
2 weeks ago

Who is Sanjay Malhotra? All you need to know about new RBI governor succeeding Shaktikanta Das

Live Mint  

Revenue Secretary Sanjay Malhotra was appointed as the next Governor of the Reserve Bank on Monday for a period of three years. He will take over the top post later this week — after the six-year term of Shaktikanta Das ends on December 10. However, growth slowed down to a seven-quarter low of 5.4 per cent in the July-September period …

New RBI Governor: Meet Sanjay Malhotra, IIT-Kanpur Grad Who Pursued Public Policy, Set To Replace Shaktikanta Das
2 weeks ago

New RBI Governor: Meet Sanjay Malhotra, IIT-Kanpur Grad Who Pursued Public Policy, Set To Replace Shaktikanta Das

ABP News  

The central government announced on Monday the appointment of revenue secretary Sanjay Malhotra as the new Governor of the Reserve Bank of India, replacing Shaktikanta Das with a three-year term starting from December 11, 2024. Das, who was appointed as the 25th RBI Governor on December 12, 2018, took office following Urjit Patel's sudden resignation. Before being appointed RBI Governor, …

New RBI Governor: Revenue Secretary Sanjay Malhotra To Replace Shaktikanta Das
2 weeks ago

New RBI Governor: Revenue Secretary Sanjay Malhotra To Replace Shaktikanta Das

ABP News  

The government announced on Monday that Sanjay Malhotra, currently the revenue secretary for the government of India, will take over as the governor of the Reserve Bank of India. Malhotra, an experienced bureaucrat, will assume the role of the 26th Governor of the Reserve Bank of India, succeeding Shaktikanta Das, whose term concludes on Tuesday. Shaktikanta Das Meanwhile, before Shaktikanta …

India appoints Revenue Secretary Sanjay Malhotra as New RBI Governor
2 weeks ago

India appoints Revenue Secretary Sanjay Malhotra as New RBI Governor

Live Mint  

India on Monday appointed Revenue Secretary Sanjay Malhotra as new Governor of the Reserve Bank of India. The Appointments Committee of the Cabinet has appointed Sanjay Malhotra as the next RBI Governor for a three-year term beginning from December 11, 2024, according to the official notification. Sanjay Malhotra will be the 26th Reserve Bank of India governor, succeeding Shaktikanta Das. …

Sanjay Malhotra appointed new RBI Governor, to succeed Shaktikanta Das
2 weeks ago

Sanjay Malhotra appointed new RBI Governor, to succeed Shaktikanta Das

India Today  

Sanjay Malhotra, a 1990-batch Indian Administrative Service officer, has been appointed as the new Governor of the Reserve Bank of India for three years by the Appointments Committee of the Cabinet. Currently serving as Revenue Secretary in the Ministry of Finance, Malhotra brings over 33 years of experience across key sectors, including finance, taxation, power, information technology, and mining. As …

1990-batch IAS, IITian: Meet Sanjay Malhotra, newly-appointed RBI Governor
2 weeks ago

1990-batch IAS, IITian: Meet Sanjay Malhotra, newly-appointed RBI Governor

India Today  

Sanjay Malhotra, a 1990-batch Indian Administrative Service officer from the Rajasthan cadre, has been appointed as the new Governor of the Reserve Bank of India for a three-year term. Malhotra's extensive experience across key sectors could help as he takes up the key role, replacing the outgoing Governor Shaktikanta Das. As the new RBI Governor, Malhotra will face significant challenges, …

Sanjay Malhotra, Revenue Secretary, appointed by Modi government as next RBI Governor
2 weeks ago

Sanjay Malhotra, Revenue Secretary, appointed by Modi government as next RBI Governor

India TV News  

RBI new governor: The Indian government has appointed Sanjay Malhotra as the 26th Governor of the Reserve Bank of India. He will take over as RBI Governor from Shaktikanta Das, whose tenure will be ending on December 10, 2024. Malhotra played key role in financial reforms With over 33 years of experience across sectors such as finance, taxation, and governance, …

Who is Sanjay Malhotra? Newly appointed RBI Governor replaces Shaktikanta Das
2 weeks ago

Who is Sanjay Malhotra? Newly appointed RBI Governor replaces Shaktikanta Das

India TV News  

Sanjay Malhotra was appointed as the Governor of the Reserve Bank of India on Monday, the Appointments Committee of the Cabinet in a statement informed. Malhotra a 1990 batch Indian Administrative Service officer from the Rajasthan cadre, will assume office from December 11, for the next three years, the RBI said in a statement. Revenue Secretary Malhotra will replace Shaktikanta …

India replaces central bank governor in a surprise move
2 weeks ago

India replaces central bank governor in a surprise move

Al Jazeera  

With India’s economic growth slowing down and inflation rising, the new governor will have challenges to deal with. India has appointed career civil servant Sanjay Malhotra as its new central bank governor in a surprise move that leaves markets guessing about the future direction of monetary policy. Financial markets had expected the Reserve Bank of India’s current Governor Shaktikanta Das …

RBI Governor Shaktikanta Das Meets FM Sitharaman Days Before Tenure Expiry: Report
2 weeks, 1 day ago

RBI Governor Shaktikanta Das Meets FM Sitharaman Days Before Tenure Expiry: Report

ABP News  

The Reserve Bank of India Governor Shaktikanta Das met with Finance Minister Nirmala Sitharaman on Saturday. Citing sources, the report said that Das called on the finance minister ahead of the upcoming expiry of his extended tenure. Due to his three-year extension granted to Das, he is already one of the longest serving RBI governors in the banking regulator’s 90-year …

RBI monetary policy: MPC projects FY25 inflation at 4.8%
2 weeks, 3 days ago

RBI monetary policy: MPC projects FY25 inflation at 4.8%

Live Mint  

RBI Monetary Policy meeting: The Reserve Bank of India revised its inflation projection for 2024–2025 to 4.8% with Q3 at 5.7%, and Q4 at 4.5% The consumer price index inflation for the first quarter of the next financial year 2025-26 is projected at 4.6% and the second quarter at 4%. RBI October Monetary Policy Outcome During the Monetary Policy Committee …

RBI Governor Shaktikanta Das' term likely to be extended further
1 month ago

RBI Governor Shaktikanta Das' term likely to be extended further

Deccan Chronicle  

The Centre is likely to extend the term of RBI governor Shaktikanta Das for a second time, three sources with direct knowledge of the matter told Reuters, an unprecedented move that would make him the longest serving chief since the 1960s.Das was one of the most trusted bureaucrats in Prime Minister Narendra Modi's administration before he was appointed to lead …

Shaktikanta Das' tenure as RBI governor likely to be extended: Report
1 month ago

Shaktikanta Das' tenure as RBI governor likely to be extended: Report

India Today  

The government is planning to extend the tenure of Reserve Bank of India Governor Shaktikanta Das for a second time, reported news agency Reuters. Shaktikanta Das, who has been heading the RBI since December 2018, has already surpassed the typical five-year term seen in recent decades. Shaktikanta Das, a seasoned bureaucrat, was appointed as RBI governor during a period of …

RBI governor Shaktikanta Das's term likely to be extended further: Report
1 month ago

RBI governor Shaktikanta Das's term likely to be extended further: Report

Hindustan Times  

The central government is likely to extend the term of RBI governor Shaktikanta Das, news agency Reuters reported, quoting sources aware of the development. Reuters said the Finance Ministry, the Prime Minister's Office, and the central bank did not immediately respond to emails seeking comment. Das has also served as India’s Alternate Governor in the World Bank, Asian Development Bank, …

RBI invites applications for Deputy Governor’s post
1 month, 2 weeks ago

RBI invites applications for Deputy Governor’s post

The Hindu  

The Reserve Bank of India has invited applications for one Deputy Governor’s post from eligible applicants. One position is slated for vacancy as Deputy governor Dr Michael Debabrata Patra, in charge of monetary policy and a member of the Monetary Policy Committee, is scheduled for retirement in mid January 2025. The applicants, not to be more than 60 years of …

RBI invites applications for deputy governor’s post with Michael Patra set to step down in January
1 month, 2 weeks ago

RBI invites applications for deputy governor’s post with Michael Patra set to step down in January

Live Mint  

Michael Debabrata Patra, the career central banker who helped usher in the Monetary Policy Committee and served as its member since inception steps down as deputy governor in January, leaving an illustrious career at the Reserve Bank of India. Candidates with 25 years of experience in an Indian or international public financial institution, or with an exceptional track record at …

RBI Governor Shaktikanta Das Meet Finance Minister Ahead Of MPC
9 months ago

RBI Governor Shaktikanta Das Meet Finance Minister Ahead Of MPC

ABP News  

The Reserve Bank of India’s Governor Shaktikanta Das held a non-agenda courtesy meeting with Union Finance Minister Nirmala Sitharaman on Wednesday. In its previous policy announcement in February, the RBI projected a growth rate of 7 per cent and forecasted inflation to hover around 4.5 per cent for FY25. However, a recent RBI bulletin released on Tuesday highlighted that food …

RBI likely to keep interest rate unchanged as inflation still high: Experts
1 year, 2 months ago

RBI likely to keep interest rate unchanged as inflation still high: Experts

India TV News  

The Reserve Bank is likely to maintain status quo on policy rates for the fourth time in a row at its bi-monthly monetary policy review meeting early next month, as retail inflation continues to remain high and the US Federal Reserve has decided to keep a hawkish stance for some more time, according to experts. The Reserve Bank had raised …

Govt Extends RBI Deputy Governor Michael Patra’s Term By One Year: Report
1 year, 11 months ago

Govt Extends RBI Deputy Governor Michael Patra’s Term By One Year: Report

ABP News  

The central government has extended the tenure of the Reserve Bank of India Deputy Governor Michael Debabrata Patra for a period of one year. The report cited sources saying that the Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi, has approved Patra's re-appointment as the RBI's deputy governor for a further period of one year with effect …

RBI appoints Ranjan, Pattanaik as executive directors
2 years, 7 months ago

RBI appoints Ranjan, Pattanaik as executive directors

India TV News  

The Reserve Bank on Friday said Sitikantha Pattanaik and Rajiv Ranjan have been appointed as executive directors with effect from May 1. Ranjan will also serve as an ex-officio member of the rate-setting panel Monetary Policy Committee. Prior to being promoted as ED, Pattanaik was an Adviser in the Department of Economic and Policy Research, while Ranjan was serving as …

Finance minister Nirmala Sitharaman to address RBI board on February 14
2 years, 10 months ago

Finance minister Nirmala Sitharaman to address RBI board on February 14

India TV News  

Highlights Nirmala Sitharaman will address the post-budget meeting of the RBI's central board on Monday. Finance Minister Nirmala Sitharaman is scheduled to address the post-budget meeting of the RBI's central board on Monday and highlight key points of the Union Budget 2022-23, including the fiscal consolidation roadmap and high capex plan. It has been a custom that the finance minister …

MSME margins badly hit by commodity price surge: PHDCCI
3 years, 1 month ago

MSME margins badly hit by commodity price surge: PHDCCI

The Hindu  

Industry chamber PHD Chamber of Commerce and Industry on Wednesday said skyrocketing commodity prices are severely impacting the price cost margins of businesses, especially MSMEs, observing that the RBI has a crucial role to play in balancing inflation and maintaining currency stability. The assertion is a part of the chamber's five suggestions outlining the focus areas for RBI Governor Shaktikanta …

Govt extends RBI governor Shaktikanta Das' term for another 3 years
3 years, 1 month ago

Govt extends RBI governor Shaktikanta Das' term for another 3 years

India TV News  

The Centre on Friday extended the tenure of Reserve Bank of India Shaktikanta Das for a period of three years. "The Appointments Committee of the Cabinet has approved the reappointment of Shaktikanta Das as Reserve Bank of India Governor for a period of three years beyond 10.12.2021 or until further orders, whichever is earlier," reads an official statement. Shaktikanta Das …

RBI’s new monetary policy committee has its task cut out
4 years, 2 months ago

RBI’s new monetary policy committee has its task cut out

Live Mint  

The Reserve Bank of India on Tuesday announced that the meeting of the new monetary policy committee has been scheduled from 7 to 9 October. The newly inducted members include Prof. Ashima Goyal is Professor, Indira Gandhi Institute of Development Research, Prof. Jayanth R. Varma, Professor, Indian Institute of Management, Ahmedabad and Dr. Shashanka Bhide, Senior Advisor, National Council of …

Govt Names 3 Eminent Economists as Members to RBI's Monetary Policy Committee
4 years, 2 months ago

Govt Names 3 Eminent Economists as Members to RBI's Monetary Policy Committee

News 18  

The government on Monday appointed three eminent economists Ashima Goyal, Jayanth R Varma and Shashanka Bhide as members of the rate-setting Monetary Policy Committee of the RBI, sources said. The new members replace Chetan Ghate, professor at the Indian Statistical Institute; Pami Dua, director at the Delhi School of Economics ; and Ravindra Dholakia, professor at the Indian Institute of …

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